Wikileaks About India – The Scam That Shook the Stock Market

Harshad Mehta, the veritable colossus of the stock market in the 1980-90 which has changed the state of the stock market. But who knew the stock market is sitting the Messiah’s value, which the share holder is grasping the key of his luck, a big scamsters that would make them jahananum a waste.

Harshad Mehta, the veritable colossus of the stock market in the 1980-90 which has changed the state of the stock market. But who knew that the stock market is sitting the Messiah’s value, which the share holder is grasping the key of his luck, big scammers that would lead them to jahananum of waste. Harshad Mehta is the name of a scam of 4000 crores in this country, or say, “It is a man who dreams of all the shares of the country and his four thousand crores of embezzlement. The Financial Express Hindi will tell you who is Harshad Mehta, what was his scam, how the man made a dribble of 4000 crore and how his death was levied by all the country’s share holders.

Who is Harshad Mehta?
on July 29, 1954, Harshad Mehta was born in Dado, Rajkot, Gujarat in a small business man family. Harshad Mehta’s childhood passed in Mumbai’s Kadi Wali and he studied school from the Holy Cross Beron Market Secondary school in Mumbai. After passing the XII, Harshad Mehta was lajpat by Roy College. He studied small jobs for the next eight years. In 1976, after Harshad got the first job in the new India Asshurase Company Limited as a sales person, he interest the share market, and he quit the job Harijivandas Nemidas Securities as a brokerage firm with Jabar job.Lee and delighted Parijivandas to be his master. Working with delighted Parijivandas, Harshad Mehta learned every paitare of the stock market and in 1984 the company introduced his own grower Risaras and asset management name, and as broker membership in the Bombay Stock Exchange. and started from here, the journey of the veritable king of the stock market who walked over to the stock market Amitabh Amitabh Bachan and Rejig Bull.

What was Harshad Mehta’s scandal
1990 in Harshad Mehta’s company Evester Big money, but the reason why Harshad Mehta’s name was capped in the stock market he began putting his money into the ACC i.e. associated Cement company. After Harshad Mehta’s ACC money, the ACC’s fortunes changed only, because the ACC’s value of Rs 200 was 9000 in no time. By 1990, Harshad Mehta’s name came to be the day for every major newspaper, magazine cover. Harshad Mehta’s name in the stock market was taken from a large months. From Harshad Mehta’s 1550 sakavar ft facing belly house to the hobby of his expensive trains, everybody made them a celebrity. It was for the first time that a small broker is constantly evasting and earning millions with every investment. Just the same question has Harshad Mehta’s good days in the bad days. The question was, “where is Harshad Mehta bringing so much money?

In 1992, Harshad Mehta’s Raj, the Sucheta broker of the Times of India, was the secret. The Sucheta stockbroker pointed out that Harshad Mehta took a 15-day loan from the bank and put it in the stock market. Also, within 15 days he returned the money to the bank with profits. But no one gives a loan for 15 days, but Harshad Mehta takes a loan for the day. Harshad Mehta dumps BR Banavata from a bank after which he also gets easy money from another bank. Even after it was disclosed, all the banks started asking for their money back. After disclosing, Mehta’s 72 Corminer charge was levied above and nearly the civil case file.

How did the scam
though not Harshad Mehta’s mind despite all these, advisoryed columns in the newspapers that you evast in this company will benefit you or do not do this company. He later discovered that Mehta was only putting money into a company that advice his own money.

Harshad Mehta, accused of scam on Prime Minister Narasimha Rao, had lagaya charge of subsidizing 1 crore to save the case on the former prime minister in 1993 and at that time Congress President P v Narasakimaha Rao. However, it was rejected by the Congress.

The mysterious death was a number of cases running on Harshad Mehta but was found guilty in only 1 case. The Supreme Court thoka him guilty of a 5-year sentence and a fine of 25000 rupees. Mehta Station Prison I was closed. Late on 31st December 2001 he complained of pain in the Chati after which he was admitted to Thane Civil hospital where his death occurred.

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